tool name

close
tool goes here

Worker productivity higher than expected

U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring.

Published: Sept. 6, 2012 at 12:05 a.m. PDT
0 comments

U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring.

Most economists expect productivity will slow later this year, a trend that could boost hiring.

The Labor Department said Wednesday that productivity in the second quarter was better than its initial estimate of a 1.6 percent gain.

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories

  • Boeing might reduce 747 production rate

    Disappointing sales for Boeing newest 747 airliner could force the company to cut back the production pace on its Everett assembly line next year, the company said in a newly released filing with the federal Securities and Exchange Commission.

  • Boeing dials up 737 production rate at Renton

    Boeing raised the production rate of its best-selling jetliner, the single-aisle 737, to 38 a month today at its Renton plant.

  • FDA hits pause button as it reviews new tobacco products

    RICHMOND, Va. — Talk about a smoke break.

  • Living Nativity tells Jesus' story through Mary's eyes

    RICHLAND -- The annual Living Nativity production at the Cathedral of Joy in Richland will wrap up today.

    Performances of the play -- depicting the life of Mary in the days leading up to the birth of her son, Jesus Christ -- will begin at 5:30 p.m., 6:45 p.m. and 8 p.m. The church is at 1153 Gage Blvd., Richland.

    "This is the part of the Living Nativity which changes each year. This year our pastors looked at the life and ministry of Jesus through Mary's eyes. People have made very positive comments about this year's interpretation of the story. They've been hugging and thanking us profusely," said Ken Olsen, a longtime volunteer for the annual production.

  • State: Toxic chemicals in 5,000 products, including toys, bedding and clothes

    More than 5,000 products, including clothing, toys and bedding, contain toxic chemicals that could be dangerous for children's health, yet stores still stock them and consumers know little about their content, an advocacy group reported this week.